There are lots of exciting things happening in the technological landscape. Innovation and development in every age is dependent on a set of key driving factors namely – the need for better, faster and cheaper, the need to handle disruptive technologies, the need to keep costs down and the need to absorb path breaking innovations. Given all these factors and the current trends in the industry the following technologies will enter mainstream in the years to come.
Long Term Evolution (LTE): LTE, also known as 4G technologies, has been born out of the disruptive entry of data hungry smart phones and tablet PCs. Besides, the need for better and faster applications has been the key driver of this technology. LTE is a data only technology that allows mobile users to access the internet on the move. LTE uses OFDM technology for sending and receiving data from user devices and also uses MIMO (multiple-in, multiple out). LTE is more economical, and spectrally efficient when compared to earlier 3.5G technologies like HSDPA, HSUPA and HSPA. LTE promises a better Quality of Experience (QoE) for end users.
IP Multimedia Systems IMS): IMS has been around for a while. However with the many advances in IP technology and the transport of media the time is now ripe for this technology to take wings and soar high. IMS uses the ubiquitous internet protocol for its core network both for media transport and for SIP signaling. Many innovative applications are possible with IMS including high definition video conferencing, multi-player interactive games, white boarding etc.
All senior management personnel of organizations are constantly faced with the need to keep costs down. The next two technologies hold a lot of promise in reducing costs for organizations and will surely play a key role in the years to come.
Cloud Computing: Cloud Computing obviates the need for upfront capital and infrastructure costs of organizations. Enterprises can deploy their applications on a public cloud which provides virtually infinite computing capacity in the hands of organizations. Organizations only pay as much as they use akin to utilities like electricity or water
Analytics: These days’ organizations are faced with a virtual deluge of data from their day to day operations. Whether the organizations belong to retail, health, finance, telecom, or transportation there is a lot of data that is generated. Data by itself is useless. This is where data analytics plays an important role. Predictive analytics help in classifying data, determining key trends and identifying correlations between data. This helps organizations in making strategic business decisions.
The following two technologies listed below are really path breaking and their applications are limitless.
Internet of Things: This technology envisages either passive or intelligent devices connected to the internet with a database at the back end for processing the data collected from these intelligent devices. This is also known as M2M (machine to machine) technology. The applications range from monitoring the structural integrity of bridges to implantable devices monitoring fatal heart diseases of patients.
Semantic Web (Web 3.0): This is the next stage in the evolution of the World Wide Web. The Web is now a vast repository of ideas, thoughts, blogs, observations etc. This technology envisages intelligent agents that can analyze the information in the web. These agents will determine the relations between information and make intelligent inferences. This technology will have to use artificial intelligence techniques, data mining and cloud computing to plumb the depths of the web
Conclusion: Creativity and innovation has been the hallmark of mankind from time immemorial. With the demand for smarter, cheaper and better the above technologies are bound to endure in the years to come.